Rates as of 05:00 GMT Market Recap Well, I feel vindicated! Several Fed officials echoed my views yesterday, largely reversing market sentiment. First off, former Fed…
Rates as of 05:00 GMT Market Recap It’s said in the market that USD/JPY “goes up by the stairs but down by the elevator shaft.” That’s…
Rates as of 05:00 GMT Market Recap Neither the Bank of Japan nor the European Central Bank (ECB) meetings made major waves in the FX market.…
Rates as of 05:00 GMT Market Recap Do I get to skip my comment today? My usual rule-of-thumb is not to talk about any currency with…
Rates as of 05:00 GMT Market Recap Risk-on, risk-off, risk-on, risk-off…the markets are like a cork bobbing on the waves of investor sentiment. Yesterday was a…
Rates as of 05:00 GMT Market Recap One of the big concerns in the markets recently has been that we might be reprising the 1970s “stagflation”…
Rates as of 05:00 GMT Market Recap Another odd day when the stock markets and the FX market contradicted each other. Maybe not though – maybe…
Rates as of 05:00 GMT Market Recap Odd movement today, as most stock markets were up (Euro STOXX 50 +0.13%, S&P 500 +0.37%, NASDAQ -0.05%) but…
Rates as of 05:00 GMT Market Recap With stock markets in a happy mood thanks to better-than-expected earnings results (50 of the 57 US companies that…
Rates as of 05:00 GMT Market Recap As central bank rhetoric on inflation gradually changes from “transitory” to “persistent,” investors have been bringing forward their expected…
